Lummis Asset Management, L.P.
Firm details
- Headquarters
- Fort Worth, Texas
- CRD number
- 114357
- Registered since
- June 8, 2021
- Website
- www.lamcocapital.com
- Custodians
- CHARLES SCHWAB & CO., INC., FIFTH THIRD SECURITIES, INC.
- Fee structure
- Percentage of AUM, Hourly Charges
- Client types
- HNWI87.59%
- Charitable Organizations10.19%
- Individuals2.22%
- Services
- Portfolio Management for IndividualsPublication of Periodicals
Firm profile
FINTRXOverview
Lummis Asset Management, L.P. is an independent registered investment adviser organized as a partnership and SEC-registered in 2021. The firm serves both individual/family and institutional clients, with a focus on portfolio management for individuals and small businesses and a secondary activity of publishing periodicals or newsletters. Its fees are charged as a percentage of assets under management and via hourly billing for certain services. The firm does not describe itself as an active ESG investor, is not a multi-state adviser, and does not function as a capital allocator or pension consultant. Ownership is recorded as a mix of a domestic entity and individual owners.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities68%
- Public Funds/Mutual Funds14%
- Cash & Cash Equivalents14%
- US Government Bonds1%
- State & Local Bonds1%
Owners & executives
1 of 1
Michael Wimberley
Chief Operations OfficerCRD 3070924
Contacts
1 of 1Palmer Lummis
General PartnerCRD 3144187
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 35Active vs passive
$5.6M in ETFs
96%
$5.3M
2%
$251K
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD EUROPEAN STOCK INDEX FUND (VGK) | Vanguard | Passive | Europe Stock | $1.5M | 16,739 | 26.60% |
Location
Fort Worth, TX
Tarrant
Location
Fort Worth, TX
Headquartered in Fort Worth, TX, anchoring the Dallas-Fort Worth, TX-OK metro in the South.
- Metro area
- Dallas-Fort Worth, TX-OK
- Region
- South
- County
- Tarrant
- Address
- 301 Commerce St
- Time zone
- CT (UTC-6)
- Office locations
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